Re: [Marxism] Imperialism and the US working class (Was YADL)

[Waistline2@xxxxxxx]

The median income is $43,318 per household ($26,000 per household  member)[1] 
with 42% of households having two income earners.[12] Meanwhile, the  median 
income of the average American age 25+ was roughly $32,000[2] ($39,000 if  
only counting those employed full-time between the ages of 25 to 64) in 
2005.[3]  
According to the CIA the gini index which measures income inequality (the 
higher  the less equal the income distribution) was clocked at 45.0 in 
2005,[13]  
compared to 32.0 in the European Union[14] and 28.3 in Germany.[15]
 
|The US has... a per capita GDP [PPP] of $42,000... The [recent] onrush of  
technology largely explains the gradual development of a "two-tier labor  
market"... Since 1975, practically all the gains in household income have gone  
to 
the top 20% of households... The rise in GDP in 2004 and 2005 was undergirded  
by substantial gains in labor productivity... Long-term problems include  
inadequate investment in economic infrastructure, rapidly rising medical and  
pension costs of an aging population, sizable trade and budget deficits, and  
stagnation of family income in the lower economic groups. -CIA factbook on the  
US economy, 2005.[13]
 
The United States has one of the widest rich-poor gaps of any high-income  
nation today, and that gap continues to grow.[16] In recent times, some  
prominent economists including Alan Greenspan have warned that the widening  
rich-poor gap in the U.S. population is a problem that could undermine and  
destabilize the country's economy and standard of living stating that "The  
income gap 
between the rich and the rest of the US population has become so  wide, and is 
growing so fast, that it might eventually threaten the stability of  
democratic capitalism itself".[17]

Median Wages have been on the decline in the United States since 1974.  In 
2004, the median income for a man in his 30s was $35,010. Adjusted for  
inflation, that's 12 percent less than what men the same age were making in  
1974. [18]
 
full: _http://en.wikipedia.org/wiki/Standard_of_living_in_the_United_States_ 
(http://en.wikipedia.org/wiki/Standard_of_living_in_the_United_States) 
 
 
Median Wages have been on the decline in the United States since 1974. In  
2004, the median income for a man in his 30s was $35,010. Adjusted for  
inflation, that's 12 percent less than what men the same age were making in  
1974. [18]

**************Feeling the pinch at the grocery store?  Make dinner for $10 or 
less. (http://food.aol.com/frugal-feasts?ncid=emlcntusfood00000001)

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